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Top Trends Shaping the Southern California Real Estate Market in 2017

California is known for hot real estate markets, and San Diego is no exception. An average household income of $103,165 is needed to afford just a median-priced home in the area, with San Diego listed as one of the 10 hottest markets in 2016.

3 Ways to Attract Tenants to a San Diego Rental

San Diego is a boomtown for the adventurous property owner. The San Diego Union Tribune, the premier newspaper in San Diego has marked an inexorable rise in rents. It noted in 2014 that rents increased from $1,242 to $1,542 from 2004 to 2014, a remarkable 24 percent increase. Additionally, it predicted that average rent would rise to $1,830 a month by 2019. In 2016, the average rent was $1,618 a month. Currently, it is averaging around $1,743 a month for a one bedroom.

Rental Market Spotlight: Downtown San Diego

The San Diego rental market is exploding. There are numerous opportunities for the creative and entrepreneurial property owner. As of January 2017, the average rent in San Diego was $2,113. When you lease a property in Downtown, the average studio apartment goes for $1,640 and jumps to $3,775 a month for a three-bedroom apartment, much higher than the national average. In fact, Downtown San Diego is the most expensive neighborhood in San Diego County (however, it exchanges first place with La Jolla/University City often).

San Diego Rental Market Spotlight: Del Mar

The San Diego rental market is hot, and it's easy to see why property owners are investing in the greater San Diego area, but what sets each area apart? Del Mar is a community of almost 2 square miles on the Pacific coast it was named for (Del Mar is Spanish for 'by the sea'.) Consisting of a little over 4,000 people, the area has a higher average income and lower crime rate than many nearby areas.

How to Prepare a San Diego Rental Property for Tenants

The San Diego housing and rental market is exploding. Just six months ago, it was reported that the average rent in San Diego hit $1,743 a month, an increase of 8.4 percent. Furthermore, the vacancy rate dropped another 2.17 percent, to the lowest rate in five years. In short, San Diego is a booming market with huge opportunities for real estate investors and property owners who act quickly.

10 Things That Make a Great Rental Property in San Diego

Renting a property in San Diego means you should consider many different factors as an owner. Searching across the greater San Diego area you'll compare properties from El Cajon to Mira Mesa, and back to downtown San Diego.

Thinking about getting into the rental market in San Diego? Learn how to buy or rent competitively in this hot property market. Here are some things to keep in mind:

The Best Leases for the San Diego Rental Market

You did it. You finally took the plunge and purchased a rental property. You probably carefully crafted a management and investment plan to ensure that your property secures a resident and starts generating passive income within a few months.

Top Trends Shaping the Southern California Real Estate Market in 2017

California is known for hot real estate markets, and San Diego is no exception. An average household income of $103,165 is needed to afford just a median-priced home in the area, with San Diego listed as one of the 10 hottest markets in 2016.

5 Things to Think About Before Leasing an Investment Property

Investing into and building a real estate portfolio is still the safest and most reliable method to establish durable wealth for you and future generations.

But, real estate is also one of the hardest assets to invest in. There are expensive upfront costs, arcane rules, and high risk of failure. However, with the right preparation, you can work through those first few hurdles and take the first step into a new life by buying a rental property.

To help you along your journey, here are five tips to get you started:

Why Property Investors Should Work with Property Management Companies

Purchasing a property and leasing it out to residents can offer a healthy stream of income. However, regardless of your type of property — multi-unit or single-family, residential or commercial — headaches and hassles are inevitable. Hard work and patience go into finding the right residents and maintaining your property.

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